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23 May 2017 • By James Mitchell • 1 min read

S&P downgrades 23 financial institutions

Ratings agency Standard & Poor's has downgraded the credit ratings of three of Australia’s largest non-major banks and 20 other financial ...

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Colonial First State wraps add managed accounts

Colonial First State has announced it will offer managed account capabilities through its FirstWrap and FirstChoice platforms. While the company ...

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Australian wage growth at ‘record low’

Sluggish wage growth makes the prospect of another rate cut in late 2017 a distinct possibility, says AMP Capital.  According to the Australian ...

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Perth fund manager expands to US

A Perth-based fund manager has branched out to the US and appointed a senior capital markets executive as part of a push into global markets

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Macquarie enters EU with ASIC for FX breaches

The corporate regulator has accepted an enforceable undertaking from Macquarie, following an investigation into issues in the bank’s wholesale foreign ...

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‘Managed account platforms’ dismissed as spin

The major financial institutions’ recent uptake of separately managed accounts on their investment platforms will not provide the promised benefits to ...

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Most retail investors undiversified: ASX

Almost half of Australian retail investors claim to be diversified, according to a new ASX report – but a look at their portfolios tells another story

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S&P affirms AAA but ‘negative watch’ to stay

Australia has retained its AAA rating from S&P Global Ratings in the aftermath of the federal budget, but the country will remain on ‘negative ...

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JP Morgan Australia CEO steps down

Rob Priestley, the chief executive officer of JP Morgan Australia, has stepped down from his role to become the firm’s non-executive chairman

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Small-cap opportunities still exist: SSGA

There are still plenty of lucrative opportunities in the small-cap Australian equities space for savvy investors, says State Street Global Advisors

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